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San Diego Business Journal articles from May 2007

55,887 total articles

Metropolitan business newspaper specializing in investigative and enterprise reporting on San Diego County businesses and related issues.

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<a href="http://www.highbeam.com/San+Diego+Business+Journal/publications.aspx?date=200705" title="Articles and back issues from San Diego Business Journal">San Diego Business Journal articles</a>

San Diego Business Journal back issues from May 2007:

Turbines powering up activity at port's Tenth Avenue Terminal: demand for wind energy blowing strong.

May 07, 2007; ... A national surge in erecting wind turbines is helping to grow a niche for San Diego's Tenth Avenue Marine Terminal. Earlier this month, another shipment of nacelles and turbine towers were unloaded at the terminal, located just south of the San Diego Convention Center, from the ...

Port district confident of new cruise terminal on the horizon: authority weighs repairs to two docks.

May 07, 2007; ... On occasion, a photographer stationed inside the B Street Cruise Ship Terminal hawks his services to passengers wanting their photographs taken in front of a backdrop--a tranquil painting of a cruise liner docked at the pier. Outside, as cars scramble in and out amid people ...

South County, Tijuana leaders double stacking at border ports: officials study new system to ease wait times.

May 07, 2007; ... With wait times at San Diego's two main border crossings running more than two hours on busy days, a regional group of organizations is offering a solution federal officials are now testing: double stacking. The concept is similar to what major retailers such as Target and ...

Newspaper Web sites proven new frontier for more readers: net page views make up for circulation losses.

May 07, 2007; ... That circulation figures of the nation's daily newspapers continue to slide comes as little surprise, particularly to those who predict that the Internet will become the medium of choice for reading the first draft of history. But in response to a recently released report of ...

Correction.(Correction notice)

May 07, 2007 ... On Page 9 of the April 30 issue ("Online Crooks Attempt to Steal Personal Information From NICU Customers"), the Business Journal ...

Three charged in alleged 'pump and dump' scheme.(Securities and Exchange Commission)

May 07, 2007; ... The Securities and Exchange Commission filed civil fraud charges April 30 against three people, including one San Diego resident, and three penny stock issuers for an alleged "pump and dump" stock market manipulation scheme. An SEC complaint filed in U.S. District Court in Los ...

Relax, Poway dentist mixes fruit drink spiked with South Pacific root: inventor borrows on snapple's branding success.(Stephen Schneider)

May 07, 2007; ... A Poway dentist is ready to drill into the bottled beverage market with an anti-energy drink inspired by anxious patients. Dr. Stephen Schneider, 45, has spent the past year developing Malaya Relax, a fruit drink that promises to relax the body, not amp up people the way energy ...

Invitrogen enjoys 56 percent rise in online orders from the Americas: it's the earnings season for area's biotech industry.(Financial report)

May 07, 2007; ... After Invitrogen Corp. announced a third-quarter loss last year and lowered its projections for the rest of the year, investors unloaded the stock. But the life sciences tool company is working its way out of the slump with improved financials this time around. In ...

Why does my coffee smell like data?(Ask the EXPERTS)(internet security)

May 07, 2007; ... Coffee isn't the only aroma in the air at a coffee shop with wireless internet access. With the right software a laptop can "smell" or "sniff" (in IT lingo) your data from a distance. A person "sniffing" the data can see everything going in and out of your computer if it is not properly ...

Two leaders dominate market for emergency services: private firm, unusual partnership divvy up $100m in revenues.(American Medical Response Inc.)(San Diego Medical Services Enterprise LLC)

May 07, 2007; ... Two leaders have emerged in San Diego's $100 million emergency ambulance market. Both took different routes to reach their leadership positions. The first, American Medical Response, is a publicly traded Colorado-based corporation with $2 billion in annual revenues, with its ...

Think tanks forecast declining area economy.(Brief article)

May 07, 2007; ... Two groups released forecasts on San Diego's economic climate May 1, both detailing a slowdown in the region's growth. The UCLA Anderson Forecast released its annual outlook for 2007-2008, which showed a significant decline in new jobs, but compensated in other areas. ...

Agents, builders, developers, union members giving back to those who need help: contributions range from fund raising to volunteered labor.

May 07, 2007; ... Many say residential real estate markets are experiencing a lull and commercial real estate markets are seeing some of its best profits. However you interpret it, one thing is for sure, real estate, construction and design businesses are stepping up to give back to the community. ...

Rancho Santa Fe investor allowed to increase stake in California Community Bank.(FINANCE)(Richard Arendsee)(Brief article)

May 07, 2007; ... Richard Arendsee, a director at Escondido-based California Community Bank, recently got the OK from federal and state regulators to double his investment in the bank to 20 percent from 10 percent, the bank announced April 26. Arendsee--a real estate investor and founder of ...

Bank of Internet USA opens new 'branch' at RVBank.com.(FINANCE)(Brief article)

May 07, 2007; ... A New Site: With no brick-and-mortar presence, Bank of Internet USA announced something peculiar: the opening of a "branch." But when your bank lies within the realm of the Internet, a new branch means starting a new Web site. In this case, it's RVBank.com. Chief ...

On the move.(FINANCE)(Seacoast Community Bank )(Brief article)

May 07, 2007; ... In 2006, Seacoast Community Bank recorded its first profitable year since inception and moved into new headquarters on Chula Vista's Third Avenue on April 30. In its second day of operations at the new headquarters, bank President and Chief Executive Officer Doug Shearer was ...

Wireless video system puts long-haul trucking firms in driver's seat.(TECHNOLOGY)(DriveCam Video Systems introduces new product to eradicate accidents)(Brief article)

May 07, 2007; ... San Diego-based DriveCam Inc., a company that mitigates driver risk, said it is now able to serve the long-haul trucking market thanks to an advance in the company's technology. The device consists of a small camera mounted on the windshield behind the rearview mirror, which ...

U-T's Web visitiors can post videos, MP3 clips, text.(TECHNOLOGY)(Union-Tribune)(Brief article)

May 07, 2007; ... Wiki contract involves U-T visitors: The San Diego Union-Tribune will allow visitors to its Web site (www.signonsandiego.com) to edit or add content using wiki technology, according to an agreement the newspaper signed recently with Florida-based MindTouch, a provider of wiki services, ...

DR dealing.(TECHNOLOGY)(DR Systems Inc.)(Brief article)

May 07, 2007; ... San Diego's DR Systems Inc. has signed five new contracts worth $6.5 million, the company said in an announcement. The company makes information systems used to store, manipulate and distribute patient radiological imagery and data. The company's ...

Filtering sales.(TECHNOLOGY)(Brief article)

May 07, 2007; ... San Diego-based St. Bernard Software Inc., which focuses on small and midsize business needs, announced April 18 that it will sell its LivePrism service, through the Jamcracker Service Delivery Network, based in Santa Clara. The filtering and archiving service allows companies ...

SEC subpoenas 2 former AMS executives.(Michael Nicita, Edward Leonard -Advanced Marketing Services)(Brief article)

May 07, 2007; ... Two former executives of Advanced Marketing Services, a San Diego book distributor that has been wracked by an accounting fraud scandal dating to 2003, have been issued subpoenas by the Securities and Exchange Commission, according to an SEC press statement released April 30. ...

Jewish American Chamber grows to 500-plus members in one year.(RETAIL)(Organization overview)

May 07, 2007; ... San Diego's Jewish American Chamber of Commerce celebrates its first anniversary this month. And its unlikely founding father--a 21-year-old retailer--couldn't be happier. "There are a lot of Jewish organizations but they're social and mostly in temples, nothing for the business ...

Publisher schedules graphic novels as movie tie-ins.(RETAIL)(Brief article)

May 07, 2007; ... An Action-Packed Plan: With the summer blockbuster season just around the corner, a San Diego publisher plans to make the most of it by selling two graphic novels aimed at GenX men and younger generations who can't wait to see the soon-to-be-released "Transformers: The Movie." ...

Could controversial new hotel room fee end up in court? Proposed district double-edged sword for industry.(TOURISM)

May 07, 2007; ... A plan that would allow hotels to assess themselves a fee for destination marketing, thus replacing the transient occupancy tax or room tax that became a honey jar for the San Diego City Council to feed its ever-hungry general fund, has gone by different names. When first conceived two ...

America's finest barbecue climate? Sorry, San Diego.(Brief article)

May 07, 2007; ... San Diego usually gets high marks on its pleasant climate but a recently released survey using weather data ranked the city 15th best in the nation for the number of ideal grilling days. Blue Rhino, a North Carolina company that makes refillable propane grills, ranked Sacramento ...

Websense seeks to improve Web filtering with British acquisition.(PUBLIC COMPANIES)

May 07, 2007; ... Websense Inc. announced the purchase of British-based SurfControl Plc in a deal that the Web filtering company hopes would allow it to better compete against the biggest security firms in the world. The all-cash transaction is valued at $400 million, according to a Websense ...

Beckman matches Biosite bid.(PUBLIC COMPANIES)(Beckman Coulter Inc.)(Brief article)

May 07, 2007; ... In an unusual bidding war for a local company that began in March for local medical device maker Biosite Inc., Beckman Coulter Inc. of Fullerton increased its per share price by $5 to $90 on May 2, hours before a deadline on its original deal was to expire. Biosite said it ...

Overland loses more.(PUBLIC COMPANIES)(Overland Storage Inc.)(Financial report)(Brief article)

May 07, 2007; ... Overland Storage Inc., a local maker of data storage systems, reported a net loss of $9.2 million for its third quarter ended March 31, on revenue of $37.8 million. That compared with a net loss of $7 million on revenue of $48.2 million for the like period of 2006. The results ...

Orexigen debuts on Nasdaq.(PUBLIC COMPANIES)( Orexigen Therapeutics Inc. )(Brief article)

May 07, 2007; ... Add another biotech to the list of publicly traded companies with the initial public offering April 26 of Orexigen Therapeutics Inc. The company, founded in 2002, is developing several drugs that treat obesity. Traded on Nasdaq under OREX, shares initially priced at ...

MicroIslet Inc.(Ticker Takes)

May 07, 2007; ... MicroIslet Inc. was notified it is not in regulatory compliance ...

North County CEOs come to the rescue of nonprofits.(Business in the North County)

May 07, 2007; ... Lifeguards are most often seen at the beach or at municipal pools, but lately there have been a number of people impersonating them. The imposters turn out to be corporate CEOs trying to save the life of many of our areas nonprofit and charitable organizations. When ...

Demolition paves way for Gaylord hotel.(Chula Vista)(Brief article)

May 07, 2007; ... Demolition of the last of 15 buildings in Chula Vista once belonging to Goodrich Corp.'s Aerostructures Group was scheduled to begin May 2 with a few ceremonial knockdowns led by Chula Vista Mayor Cheryl Cox and San Diego Port Commissioners Mike Najera and Sylvia Rios. The ...

N. County welcomes super-sized Wal-Mart stores.(Vista)(Brief article)

May 07, 2007; ... Vista stands to be the site of one of the first Wal-Mart Supercenters in San Diego County when the Wal-Mart at 1800 University Drive is expanded by 30,000 square feet to accommodate a supermarket as well as retail goods. Another supercenter will open in Oceanside ...

Farmers market says it's time for change.(farmers from Escondido's market adopts new timings)(Brief article)

May 07, 2007; ... Downtown Escondido's weekly farmers market adopts new hours this month. The market is now open from 4 to 7 p.m. every Tuesday. It is held outdoors along Grand Avenue. between Kalmia ...

Plan won't be up a creek after workshops.(San Marcos)(Brief article)

May 07, 2007; ... Ideas for a 100-acre mixed-use project in central San Marcos will be discussed next month. Public workshops are scheduled for June 10 and 24 at the San Marcos Community Center to review the San Marcos Creek Specific Plan. The creek district area falls between San Marcos ...

New story line develops in library system.(San Diego)(Brief article)

May 07, 2007; ... The 4S Ranch Library--the 33rd branch of the San Diego County Library system--was dedicated in a ribbon-cutting ceremony attended by elected officials and community leaders April 26. Developed by Newland Communities, and designed by Fehlman LaBarre Architects, both in San Diego, ...

S. County EDC garners award for DVD.(Chula Vista)(Economic Development Council)(digital video disc)(Brief article)

May 07, 2007; ... The Chula Vista-based South County Economic Development Council has received an Award of Merit from the California Association for Local Development for its "South San Diego County: Live, Work, Dream" video. The eight-minute video, which showcases South County's diversity and ...

School district seeks more funds for huge project.(Poway)(Brief article)

May 07, 2007; ... Due to escalating construction costs, the Poway Unified district is seeking $41.7 million in additional funds for its 24-school modernization project, according to Executive Director of Facilities Doug Mann. In 2002, voters approved a 35-year, $198 million bond. ...

Raise your glass and give A Toast to Music.(El Cajon)

May 07, 2007; ... The city of El Cajon plans to put its eateries on display and raise money to improve its downtown simultaneously at A Toast to Music on June 30. The East County city will be host to a showcase of several local ...

20 minutes from everything, consultant says.(Standard Pacific Homes, William Lyon Homes Inc. and Pulte Homes Inc. together introduces new website)(www.newsanteehomes.com)(Brief article)

May 07, 2007; ... Santee isn't a sleepy rural town. That's the message that a coalition of three homebuilders hope to spread through a new Web site, www.newsanteehomes.com, about the East County city. The Santee New Homes Marketing Council was formed in late 2006 by Standard Pacific ...

Public sentiment prevails in Allison debate.(La Mesa)(Brief article)

May 07, 2007; ... At its April 24 session, the La Mesa City Council dropped pursuit of changing the name of Allison Avenue. At a prior meeting, the council approved an investigation into the costs and repercussions of changing Allison's name to better reflect its redevelopment and role as a ...

Council meets in earnest to appoint successor.(Del Mar)(Del Mar City Council appoints Richard Earnest as new city councilman)(Brief article)

May 07, 2007; ... At an April 30 meeting, the Del Mar City Council appointed Richard Earnest to serve the balance of City Councilman Jerry Finnell's term, which ends in November 2010. Earnest is a former mayor of Del Mar and current president of the Del Mar Village Association. Finnell submitted ...

Make Mom's Day by touring historic homes.(Coronado)(Editorial)

May 07, 2007; ... Folks looking for something different to do on Mother's Day may want to head for Coronado this weekend. Six private homes built in the late 19th and early 20th centuries will be open for viewing May 13 as part of a fund-raiser for the Coronado Historical Association, as well as ...

AV Builder Corp. secures $6.6 million contract.(San Diego)(Saratoga West Homeowner's Association)(Brief article)

May 07, 2007; ... San Diego-based AV Builder Corp. will rebuild 90 condominiums in Solana Beach under a $6.6 million contract from the Saratoga West Homeowner's Association. The reconstruction is scheduled to begin in the spring and include roofing and windows work, ...

T-Mobile, city discussing 10-year deal.(Lemon Grove)(T-Mobile International AG und Company KG)(Brief article)

May 07, 2007; ... The City Council planned to consider a resolution to approve a lease agreement with T-Mobile to install a 6-foot cylinder atop an existing mast arm in the right of way at the corner of Massachusetts and San Miguel avenues at its May 1 meeting at the Lemon Grove Community Center. ...

Kaiser drives biz to medical services company.(San Diego)(Brief article)

May 07, 2007; ... San Diego Medical Services Enterprise LLC has been awarded a new contract as a medical transportation provider for the Kaiser Permanente health maintenance organization in San Diego County. Under the contract, San Diego Medical Services will provide non-emergency medical ...

City seeks big plan in palm of hands.(Imperial Beach)(Brief article)

May 07, 2007; ... Eminent domain could be the route the city of Imperial Beach takes to acquire a shopping center on the south side of Palm Avenue, between Seventh and Ninth streets. The City Council was to consider a legal step toward eminent domain at its May 2 meeting, setting a March deadline ...

Young entrepreneur learns how to ride the wave of success: Mike Walker's factory has turned out 30 boards in a week.

May 07, 2007; ... Having shaped thousands of custom surfboards, Mike Walker is now shaping his own business, the Walker Project. At 27, the entrepreneur is one of the most versatile surfboard shapers in the world. A shaper builds surfboards out of wood, Styrofoam or pre-cut ...

Dress for success San Diego: Sylvia McKinney, Executive Director.(NONPROFIT PROFILE)

May 07, 2007 ... Mission of organization: Dress for Success San Diego promotes the economic independence of low-income women by providing professional attire, a network of support, and career development tools to help them succeed in their job interviews, thrive in the workplace and build a brighter future ...

Breakthroughs in cancer treatments could lie just around the corner: FDA gives green light to promising drugs being developed locally.(SPECIAL REPORT: Biotech/Biomed)

May 07, 2007; ... Inder M. Verma used to take his dog for strolls in La Jolla. One day, they turned a bend, and the dog spotted a mouse. "He did what dogs do and ate it," recalled Verma, a professor in the laboratory of genetics and an American Cancer Society professor of molecular biology at the ...

Financing cancer battle bruised by government-industry-academia disconnect: UCSD Moores center director calls for alliance to get new treatments to market faster.(SPECIAL REPORT: BIOTECH/BIOMED)

May 07, 2007 ... Raising venture capital for local life sciences companies continues to be a challenge, said Joe Panetta, president and chief executive officer of Biocom, the local industry association representing more than 550 member companies in Southern California. "San Diego doesn't have ...

Trainees get valuable lab time in labor department-sponsored program: employers and teachers also tap resources available through industry internships.(SPECIAL REPORT: Biotech/Biomed)

May 07, 2007; ... There has been a disconnect between what academic institutions are teaching students about the life sciences, and what the industry needs in the real world. That's the take of Sandra Slivka, director of the Southern California Biotechnology Center at Miramar College, and ...

Biotech network designed to expand region's scientific work force: corporate participants contribute to industry's educational opportunities.(SPECIAL REPORT: Biotech/Biomed)

May 07, 2007; ... The Life Sciences Summer Institute wants to attract what it considers a "world-class scientific work force" for San Diego. Developed in 2005 by the San Diego Workforce Partnership and Biocom, the local life science industry association representing more than 550 member companies ...

Students step inside a scientist's world at Biogen Idec's Community Labs: teachers challenge their pupils to think about life sciences and future careers.

May 07, 2007; ... In 2002, Cambridge, Mass.-based Biogen Idec created and developed the Community Lab to enhance area public school science programs. The lab's success prompted the company to invest $200,000 to expand the program to San Diego in 2005. Since its founding five years ago, the ...

Life sciences industry leaves big impression on San Diego: annual economic impact estimated at $8.5 billion.

May 07, 2007; ... Here are a few facts about San Diego's life sciences industry: * There are about 36,600 employees in the life sciences industry in the county in more than 500 companies, including traditional biotech, medical device, diagnostic and technology companies. * The annual ...

Biotechnology companies: ranked by local employees as of April 1, 2007.(SPECIAL REPORT: Biotech/Biomed)(Statistical table)(Company rankings)

May 07, 2007; ... <Pre> BIOTECHNOLOGY COMPANIES Ranked by local employees as of April 1, 2007 Local Reve- employees:nue: * 2007 * 2006 ...

Biocom taking notes at Boston conference as it prepares to host '08 event.(Brief article)

May 07, 2007; ... The global biotechnology industry treks to Boston this week for the annual Biotechnology Industry Organization conference where 20,000 attendees are expected to gather. The annual JPMorgan Conference, held each year in the spring in San Francisco, has traditionally been a ...

Exhibition devoted to the human body on display in UTC through September.

May 07, 2007; ... Morbidly Educational: An international exhibit that uses real body parts, appropriately named BODIES ... The Exhibition, created to expose truths about the human body, will be in San Diego from May 12 through Sept. 9. The morbidly curious can check out real human bodies, ...

Senomyx seals deals.(contracts and licencing agreements of Senomyx )(Brief article)

May 07, 2007; ... April was a busy month for Senomyx Inc., a local biotech that develops flavor ingredients for the packaged food and beverage industry. The firm appointed Albert Zlotnik, a 20-year veteran molecular biologist, to the position of vice president of biology last week. Zlotnik is the ...

Halozyme gets HALO.(BIOTECH)(Brief article)

May 07, 2007; ... expects to begin trading on the Nasdaq Stock Exchange on May 10. The biotechnology company is already publicly traded on the American Stock Exchange under the symbol HTI, and said April 30 that it expects to trade on the Nasdaq as HALO. Halozyme has two products ...

MRI lab opens.(BIOTECH)(3Tesla Magnetic Resonance Research Laboratory)(Brief article)

May 07, 2007; ... UC San Diego Medical Center held the grand opening of its new 3Tesla Magnetic Resonance Research Laboratory on May 2. The new facility in Hillcrest will house researchers looking into improved ways to use magnetic resonance imaging, known as MRI, to view soft tissue like ...

Legal notice.

May 07, 2007 ... STATEMENT OF ABANDONMENT OF USE OF FICTITIOUS BUSINESS NAME File No. 2007-011055 FICTITIOUS BUSINESS NAME: ANDERSON SECURITY 5725 Kearny Villa Road, Suite M San Diego, CA 92123 THE FICTITIOUS BUSINESS NAME REFERRED TO ABOVE WAS FILED ...

Web connect directory.(Directory)

May 07, 2007 ... Advertising & Design Communications Agency whitfieldbarrett--marketing communications www.whitfield barrett.com shine@whitfieldbarrett.com 858.549.8475 Air Charter Jetsource Charter www.jetsource.com San Diego Air Service Inc. www.SanDiegoAirCharter.com 858.243.2451 ...

Urban Real Estate Services launches division to handle infill projects.(REAL ESTATE)(Urban Real Estate Services )(Brief article)

May 07, 2007; ... Urban Real Estate Services has created a new division to cater to smaller urban developers in redevelopment and urban infill areas. The division will focus on new construction or condo conversions ranging between 20 and 100 units. Eric Jones, partner of San ...

Equastone buys eight buildings in Pacific northwest.(REAL ESTATE)(Brief article)

May 07, 2007; ... San Diego-based real estate investment firm Equastone purchased a $68 million portfolio of office buildings in Hillsboro, Ore. The 537,000-square-foot portfolio includes eight buildings. Equastone has acquired 700,000 square feet of office and R&D property in the Portland market ...

Two local companies have created a special affiliation that joins brokerage, receivership and project management services to lenders with nonperforming commercial and condominium construction loans.(Brief article)

May 07, 2007; ... Two local companies have created a special affiliation that joins brokerage, receivership and project management services to lenders with nonperforming commercial and condominium construction loans. Trigild, a provider of receiver and trustee services, will provide receiver and ...